The Ae Family Foundation
- Assets
- $13.1m
- Revenue
- $12.9m
- Investments
- $8.1m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 13-3317246
The information for The Ae Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Greenwich, CT. It has been in existence for 35 years, following its founding in 1986.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Ae Family Foundation is a philanthropy, voluntarism, and grantmaking foundation classified under the NTEE code T20. This means that it is a private grantmaking foundation that operates as a nongovernmental, nonprofit organization. The foundation receives funds from a single source, such as an individual, family, or corporation, and its programs are managed by its own trustees or directors. The primary purpose of the foundation is to maintain or aid social, educational, religious, or other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the Ae Family Foundation is classified under section 3 of the Internal Revenue Code, which encompasses organizations engaged in religious, educational, charitable, scientific, literary, public safety, amateur sports, or prevention of cruelty to children or animals work.
Grant History
Our dataset includes two years of grant history for The Ae Family Foundation. Over the course of those two years, they have awarded a total of 115 grants, with an average check size of $28,734. The foundation most frequently awards grants in the Arts, Culture & Humanities sector (22), followed by Health Care (7) and Human Services (3). In terms of geographic distribution, the majority of grants were awarded in New York (73), followed by Connecticut (17), Maine (4), and Massachusetts (4). Other states that received grants from The Ae Family Foundation include Virginia (3), New Jersey (3), Washington (2), and California (3), among others.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony B Evnin President | 10 | $0 | |
Judith E Evnin Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,763,741 |
| Interest on Savings | $171 |
| Dividends & Interest | $286,962 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,848,646 |
| Capital Gain Net Income | $5,848,646 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$126 |
| Total Revenue | $12,899,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,151 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $96,978 |
| Total operating and administrative expenses | $139,348 |
| Contributions, gifts, grants paid | $1,901,815 |
| Total expenses and disbursements | $2,041,163 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,504 |
| Savings and temporary cash investments | $4,871,288 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $224,828 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,658 |
| Total assets | $13,102,542 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Ae Family Foundation has awarded $1,901,815 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
CARNEGIE HALL PURPOSE: UNRESTRICTED | $445,565 |
SCLERODERMA RESEARCH FOUNDATION PURPOSE: UNRESTRICTED | $200,000 |
Bedford, NY PURPOSE: UNRESTRICTED | $182,500 |
NY GENOME CENTER PURPOSE: UNRESTRICTED | $125,000 |
FAMILY REENTRY PURPOSE: UNRESTRICTED | $115,000 |
New York, NY PURPOSE: UNRESTRICTED | $102,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |